August 23, 2021 ELECTION OF DIRECTORS To the Member Banks of the Twelfth District of the Federal Reserve: In accordance with the provisions of Section 4 of the Federal Reserve Act and the announcement dated July 14, 2021, the Federal Reserve Bank of San Francisco is conducting an election of directors to succeed Mr. Greg Becker, a Class A director, elected by banks in Group One, and Mr. Arthur F. (Skip) Oppenheimer, a Class B director, elected by banks in Group Three, both of whose terms end on December 31, 2021, and Mr. Richard M. Sanborn, a Class A director, elected by banks in Group Two, whose term ended early on April 23, 2021, and whose unexpired term ends on December 31, 2022. In this election, each member financial institution in Group One may nominate one candidate for Class A director; Group Two may nominate one candidate for Class A Director; and each member financial institution in Group Three may nominate one candidate for Class B Director. Voting for these positions must be completed, via the online election system, by an officer who has been duly authorized to make nominations and cast votes on behalf of the member bank. If your bank has not previously designated an officer for this purpose, it may do so by a resolution of the bank’s board of directors or through a provision in the bank’s bylaws. If we have no record of such a designation, please send an email to
[email protected]. Polls open today, Monday, August 23, 2021 at 9:00 a.m.